TJ Maxx is a popular American off-price retail chain that sells a wide variety of products at discounted prices. Founded in 1976 in Framingham, Massachusetts, by Bernard Cammarata, it was created as a rival to Marshalls after Zayre, the parent company, failed to acquire Marshalls. TJ Maxx quickly grew into one of the largest clothing retailers in the United States, operating over 1,333 stores across the country as of 2026.
The company is the flagship brand of The TJX Companies, Inc., a publicly traded multinational retail corporation headquartered in Framingham, Massachusetts. TJX also owns other well-known chains such as Marshalls, HomeGoods, HomeSense, and Winners. In international markets, particularly in Europe and Australia, TJ Maxx operates under the name TK Maxx to avoid confusion with the British retailer T. J. Hughes.
TJ Maxx offers a dynamic shopping experience with constantly changing inventory, including clothing, footwear, jewelry, beauty products, home decor, toys, and housewares. Its business model focuses on buying excess or overstocked merchandise from major brands at discounted rates and reselling them at lower prices, creating a "treasure hunt" atmosphere for shoppers.
In 2007, TJX suffered a major data breach that compromised over 100 million customer credit and debit card records, making it one of the largest security breaches in history at the time. The company has since strengthened its cybersecurity measures.
As of 2024, TJX ranked No. 80 on the Fortune 500 list, with $54.22 billion in revenue and a market capitalization of $170 billion. The company continues to expand its e-commerce platform, offering online shopping for handbags, clothing, and home goods. |
